Commercial property in Miami, Florida 315.12 sq.m. № 1319031
4
ID1319031
$ 875 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Seize this incredible opportunity to own a versatile multi-family property in the heart of Miami! Situated on an expansive 7,145 square foot lot, this property is perfect for both investors and owner-occupants. The front house features 2 bedrooms, 2 bathrooms, plus a den, providing a comfortable living space. The back house offers an additional 2 bedrooms and 1 bathroom. Additionally, there are three separate 1-bed, 1-bath efficiency units on the premises, presenting a goldmine of income potential. This property is an excellent choice for those looking to tap into the lucrative Airbnb or traditional rental markets. With its prime location just blocks from the Miami River and River Landing Shops, and minutes away from Wynwood, Brickell, Coconut Grove, Coral Gables, Miami Beach.MLS #: A11641322
Miami - Statistics
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| Parameters | Miami |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 843.62 |
| Apartment (1 bedroom) Outside of Centre | $ 2 130.79 |
| Apartment (3 bedrooms) in City Centre | $ 5 351.58 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 919.36 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 6 616.14 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 4 023.90 |
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| Parameters | Miami |
|---|---|
| Crime Index | 52.77 |
| Cost of Living and Rent Index | 72.34 |
| Purchasing Power Index | 112.07 |
| Property Price to Income Ratio | 6.23 |
| Safety Index | 47.23 |
| Traffic CO₂ Index | 10599.19 |
| Traffic Inefficiency Index | 233.91 |
| Rent Index | 68.55 |
| Health Care Index | 63.43 |
| Groceries Index | 79.54 |
| Pollution Index | 39.11 |
| Traffic Commute Time Index | 42.75 |
| Restaurant Price Index | 87.45 |
| Climate Index | 85.69 |
| Cost of Living Index | 75.44 |
| Quality of Life Index | 161.15 |
| Traffic Index | 211.31 |
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| Parameters | Miami |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 28.09 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 100.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 12.00 |
| Domestic Beer (0.5 liter draught) | $ 7.50 |
| Imported Beer (0.33 liter bottle) | $ 9.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 3.23 |
| Water (0.33 liter bottle) | $ 2.60 |
| Cappuccino (regular) | $ 5.32 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.16 |
| Loaf of Fresh White Bread (500g) | $ 3.83 |
| Eggs (regular) (12) | $ 4.14 |
| Local Cheese (1kg) | $ 15.15 |
| Water (1.5 liter bottle) | $ 2.13 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 2.38 |
| Imported Beer (0.33 liter bottle) | $ 2.63 |
| Cigarettes 20 Pack (Marlboro) | $ 11.40 |
| Apples (1kg) | $ 5.75 |
| Chicken Fillets (1kg) | $ 11.96 |
| Oranges (1kg) | $ 4.06 |
| Potato (1kg) | $ 2.30 |
| Lettuce (1 head) | $ 3.05 |
| Rice (white), (1kg) | $ 4.19 |
| Tomato (1kg) | $ 4.53 |
| Banana (1kg) | $ 1.88 |
| Onion (1kg) | $ 3.34 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 17.92 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.25 |
| Monthly Pass (Regular Price) | $ 113.75 |
| Gasoline (1 liter) | $ 0.95 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 35 000.00 |
| Taxi Start (Normal Tariff) | $ 4.00 |
| Taxi 1km (Normal Tariff) | $ 1.30 |
| Taxi 1hour Waiting (Normal Tariff) | $ 24.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 26 054.25 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 156.11 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 67.00 |
| $ 62.83 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 271.49 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.66 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 71.09 |
| Tennis Court Rent (1 Hour on Weekend) | $ 23.38 |
| Cinema, International Release, 1 Seat | $ 15.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 51.94 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 54.62 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 85.53 |
| 1 Pair of Men Leather Business Shoes | $ 122.00 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 1 281.25 |
| International Primary School, Yearly for 1 Child | $ 25 250.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
CityMiami
Address1739 NW 16th St, Miami FL 33125
TypeCommercial property
Living space315.12 m²
- m²
- sq. ft
Completion dateIV quarter, 1926
Parking places2
Price
- Price
- per m²
$ 875 000
- EUR €
- USD $
- RUB ₽
- GBP £
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